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Chicopee 01013
31 Riverpark Ave.
$315,000
● House - Off Market

31 Riverpark Ave.

Chicopee, MA 01013
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,282 Ft²
$302,275
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome home to this well-appointed, spacious property! Some great features include: Updated kitchen including hardwood floors, counter tops & cabinets. Newer appliances, recessed lighting, island, and open eating area with a massive bow window. Possible 1st. floor master suite/flex space with a vaulted ceiling & private entrance. Plenty of natural sunlight, newer carpets & fresh paint through- out. Two updated bathrooms, AC, and enclosed front porch. The large living room space has old world charm with a modern feel. The property has a large flat, fenced in yard with plenty of room for entertaining, family activities or simply relaxing. There is an oversized two car garage and double stalled shed. The dry basement has laundry hook- ups, a set tub & plenty of room for storage. A Pleasure to show!
Unit Size
1,282 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$234
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73100109)

Price History

Date / Event Date Event Price
May 30, 2023 Sold
Premium
Sold
Apr 27, 2023 In contract -
In contract
Apr 18, 2023 Listed by Coldwell Banker Realty - Western MA $299,950
Listed by Coldwell Banker Realty - Western MA
Jun 29, 2017 Sold
Premium
Sold
May 18, 2017 Listed by Coldwell Banker Realty - Western MA $228,000
Listed by Coldwell Banker Realty - Western MA

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 728
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 1,282
  • Gross Building Area: 2,622
  • Building Area: 1,282
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,282
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chicopee School District
  • School Tax School District: CHICOPEE SD
  • Census Tract: 811102

Zoning

  • Zoning: 5

Geography

  • Account Number: 414-00053
  • Parcel: CHIC M:0414 P:00053
  • Municipality: CHICOPEE
  • Latitude: 42.1748
  • Longitude: -72.6228

    Address

  • Full Address: 31 Riverpark Ave
  • Address - House Number: 31
  • Address - Street Name: Riverpark
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C006
  • 4-Digit Zip Code: 1121
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $389,100

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 295,367
  • High Value: 348,517
  • Low Value: 242,217

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $263,600
  • Assessed Land Value: $99,400
  • Assessed Improvements Value: $164,200

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24443
  • Previous Sale Recording Date: Jun 29, 2017
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chicopee

Stats & Trends

Median Asking:

$310,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1736 ft²

Average Home Age

83.3 years

Currently For Sale

65 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera
Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73100109

Frequently Asked Questions

When was property at 31 Riverpark Avenue built and last sold?
The property at 31 Riverpark Avenue was built in 1910 and last sold on May 30, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 31 Riverpark Avenue is $301,307.
What are some comparable homes to 31 Riverpark Avenue?
There are currently no comparable homes to 31 Riverpark Avenue.
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